5136 Fairway Dr Punta Gorda, FL 33982
- Commercial real estate
- 1 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5136 Fairway Dr
- Lot size
- 0.25 lot acres
- Property size
- 1 SF
- Property type
- Commercial real estate
- APN
- 412303252006
Description
This exceptional 0.25-acre commercial property, located at 5136 S Fairway Dr, Punta Gorda, FL 33982 (APN 412303252006), presents a unique investment opportunity. Currently configured as a three-unit multifamily building, this Class B property offers significant potential for redevelopment. Its strategic location near downtown Punta Gorda, Fisherman's Village, and Allegiant's new Sun Seeker resort positions it ideally for multifamily or affordable housing development. The property benefits from its proximity to schools and numerous planned developments in the Willow Park area by Lennar Homes. Charlotte County's robust growth, fueled by the expanding Punta Gorda airport and industrial park, further enhances the property's value. The site is also well-suited for conversion to commercial use, especially considering the new Publix-anchored shopping center under construction nearby. The asking price is $35,000. The seller will consider exchanges or owner financing. This is one of eight similar lots available in the immediate area. The property's square footage is listed as 1, but this likely reflects a data entry error and should be verified independently.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Punta Gorda
- County
- Charlotte
- State
- Florida
- Longitude
- -82.0011453
- Latitude
- 26.9397555